A Printing Machine That Has an Estimated Useful Life of 5

question 139

Multiple Choice

A printing machine that has an estimated useful life of 5 years and an initial value of $150,000 (with no salvage value) had to be depreciated. At the end of the first year, using the straight-line method of depreciation, the amount of depreciation allowed was $30,000.00, and when the sum-of-the-years'-digits method was used the depreciation was $50,000. Determine the amount of depreciation that would be allowed for the first year if the printing machine were depreciated by the double declining-balance method. Which of these three methods would result in the largest depreciation of the printing machine at the end of its first year of use? ​

• A) $50,000.00
• Sum Of The Years'-Digits Method
• B) $90,000.00
• Double Declining-Balance Method
• C) $50,000.00
• Double Declining-Balance Method
• D) $90,000.00
• Sum Of The Years'-Digits Method

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Definitions:

Sigmund Freud

Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

John Watson

An American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his theories of the Collective Unconscious and archetypes.